Maktoum bin Mohammed Reviews UAE’s Financial Framework and 2025 Development Plans

H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance, chaired a high-level meeting to review the UAE’s financial operational framework and future strategies.

The meeting highlighted key achievements of the Ministry of Finance in 2024 and outlined strategic plans to support the country's development vision.

Attended by His Excellency Mohammed bin Hadi Al Hussaini, Minister of State for Financial Affairs, and senior ministry officials, the meeting emphasized the Ministry’s pivotal role in shaping a sustainable future. Sheikh Maktoum stated,

“The approval of the largest budget in the country’s history and the success of financing programs reflect our leadership’s vision, prioritizing investment in future generations.”

The Ministry’s 2024 achievements include the largest-ever federal budget approval for 2025, paving the way for ambitious development projects aimed at enhancing infrastructure and social welfare. Additionally, the Government Treasury Bonds Programme and local currency-denominated Treasury-Sukuk Programme significantly bolstered financial liquidity and attracted global investments.

Sheikh Maktoum reaffirmed the UAE’s commitment to adopting global financial management best practices under the directives of President H.H. Sheikh Mohamed bin Zayed Al Nahyan and the close oversight of H.H. Sheikh Mohammed bin Rashid Al Maktoum. The 2025 plan aligns with ‘We The UAE 2031’ and the UAE Centennial 2071 vision, focusing on financial governance, international cooperation, and digital transformation.

The Ministry’s initiatives also include advancements in AI-driven financial processes, smart government services, and automation, aimed at enhancing efficiency and transparency. Furthermore, new legislative reforms, tax policies, and global financial collaborations have reinforced the UAE’s position as a leading investment hub.

The meeting concluded with discussions on transformational projects and strategies to further enhance financial sustainability, ensuring the UAE remains a global leader in economic growth and innovation.

News Source: Emirates News Agency